EU Committee of Permanent Representatives agrees to extend Russia sanctions list

The Committee of Permanent Representatives in the European Union has agreed that more Russian citizens and legal entities accused by the EU of supporting those who make decisions allegedly undermining the territorial integrity of Ukraine should be added to a travel ban and an asset freeze, an EU source told Interfax.

The Committee of Permanent Representatives in the European Union has agreed that more Russian citizens and legal entities accused by the EU of supporting those who make decisions allegedly undermining the territorial integrity of Ukraine should be added to a travel ban and an asset freeze, an EU source told Interfax.

The EU ambassadors also agreed on certain restrictive measures in relation to structures suspected by the EU of disrupting the territorial integrity of Ukraine, he said.

The EU ambassadors agreed further measures to limit trade and investment projects with Crimea and Sevastopol, as it was required by the Council of Europe on July 19, he said.

These agreements will come into force following an appropriate written procedure on Wednesday and will be published in the Official Journal of the European Union late on Wednesday, July 30.

These restrictive measures are aimed at suspending investment in certain industries of Crimea and Sevastopol such as the construction, acquisition and development of transport infrastructure, telecommunications, energy, as well as investment in the oil and gas sector and the extraction of natural resources, the source said.

They also prohibit exports of sensitive equipment intended for certain industries of Crimea and Sevastopol, he said.

At its meeting on Tuesday, the Committee of Permanent Representatives in the EU will discuss economic measures with regard to Russia in light of Russia's "destabilizing role in eastern Ukraine".

The EU will also continue its work on sanctions targeting certain individuals and industries in Russia,

On July 25, the Council of Europe added another 15 Russian citizens and 18 legal entities responsible for actions that "undermine the territorial integrity of Ukraine" to a travel ban and an asset freeze. The EU's sanctions list currently includes 87 Russian citizens and 20 legal entities.

 

Read more: Which Russian companies could benefit from sanctions?

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